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Sep 27, 2013
09/13
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president obama expected to speak any moment. we'll take you live to the white house once that speech begins. we're told it will start at 3:30. just waiting on the president. >> two fast food chains taking different approaches to type of fast food consumers are going for. jane wells explains. >> we go from one end of the spectrum to the other. first healthy mcdonald's. mcdonald's will stop promoting soda with its healthy meals and can switch out salad or fruit in the value meals. good luck with that because fries are the best part of the meals. it's part of mcdonald's trike to shake off criticism it super sized america. will it help sales? they say healthier options like chicken mcwraps haven't taken off quite like the company expected. >> i think mcdonald's is trying to hold onto core customers and in the meantime change its image. it will be a long process. not done over a year or two. maybe a couple of years. >> which leads us to the other end of the spectrum. the new munchy meal. jak jack in the box is rolling out after 9 p.m
president obama expected to speak any moment. we'll take you live to the white house once that speech begins. we're told it will start at 3:30. just waiting on the president. >> two fast food chains taking different approaches to type of fast food consumers are going for. jane wells explains. >> we go from one end of the spectrum to the other. first healthy mcdonald's. mcdonald's will stop promoting soda with its healthy meals and can switch out salad or fruit in the value meals....
147
147
Mar 1, 2013
03/13
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obama spoke today and how the market reacted to that. i think those type of gyrations will become more common. finally, we haven't seen what some people call that washington monument effect where something actually tangible happens to show us that, yes, these guys are serious, that they are willing to wreck the economy to score political points. >> well, you have to wonder if that's the end result, wrecking the economy, bob, then i think we will have an impact, but at this point why should anybody care knowing that it's all about the fed and this is the best game in town? >> i think they should care, an jeff and i might agrooi grow ee this could be a real mess. the analysts and traders have been high this whole thing because a lot of these guys are long these stocks, the defense and health care stocks in particular, and i think there's a group that really kind of wants to sequester to go through. the wider community believes that the cash flow effects on the stock market from these budget cuts are not going to be as great as people have
obama spoke today and how the market reacted to that. i think those type of gyrations will become more common. finally, we haven't seen what some people call that washington monument effect where something actually tangible happens to show us that, yes, these guys are serious, that they are willing to wreck the economy to score political points. >> well, you have to wonder if that's the end result, wrecking the economy, bob, then i think we will have an impact, but at this point why...
581
581
Mar 6, 2013
03/13
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president obama, of course, has been delaying this pipeline, but we haven't heard much about this very positive report on the environment, and we know the environmentalists are against the keystone pipeline. how do you think this plays out? >> well, i think it's important for our country. it's important to be able to trade with our neighbors to the north and canada. today we import 800,000 barrels a day into the gulf coast of the united states, into the refineries that we have on the gulf coast, so they are tooled up for the kind of grew that we produce up in canada, the heavier crowds that can come from canada so it makes an imminent amount of sense so i'm encouraged by the state department report on the environmental impact because the economic impact is significant as well. if we can get some of that crude to the gulf coast we can alleviate some of the differentials that are there. that's more taxes and that's more economic growth and more incentives and more jobs, exactly what we need in this country right now to help us grow out of issues that we're having economically. >> in fact
president obama, of course, has been delaying this pipeline, but we haven't heard much about this very positive report on the environment, and we know the environmentalists are against the keystone pipeline. how do you think this plays out? >> well, i think it's important for our country. it's important to be able to trade with our neighbors to the north and canada. today we import 800,000 barrels a day into the gulf coast of the united states, into the refineries that we have on the gulf...
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115
Oct 24, 2013
10/13
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. >>> it's hard to argue the rollout of obama care has been anything but a debacle. coming up, michelle caruso-cabrera on whether it can be fixed. >>> hot stock, cold profits. later on the "closing bell." americans take care of business. they always have. they always will. that's why you take charge of your future. your retirement. ♪ ameriprise advisors can help you like they've helped millions of others. listening, planning, working one on one. to help you retire your way... with confidence. that's what ameriprise financial does. that's what they can do with you. ameriprise financial. more within reach. that's what they can do with you. at a ford dealer with a little q and a for fiona. tell me fiona, who's having a big tire event? your ford dealer. who has 11 major brands to choose from? your ford dealer. who's offering a rebate? your ford dealer. who has the low price tire guarantee, affording peace of mind to anyone who might be in the market for a new set of tires? your ford dealer. i'm beginning to sense a pattern. get up to $140 in mail-in rebates when you bu
. >>> it's hard to argue the rollout of obama care has been anything but a debacle. coming up, michelle caruso-cabrera on whether it can be fixed. >>> hot stock, cold profits. later on the "closing bell." americans take care of business. they always have. they always will. that's why you take charge of your future. your retirement. ♪ ameriprise advisors can help you like they've helped millions of others. listening, planning, working one on one. to help you retire...
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Sep 26, 2013
09/13
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eye 157
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do you think barack obama would have worked more with congress if he lost both houses in 2010? because that's what happened to bill clinton in '94. he might have gotten a lot done, but he had a bumpy road with health care. when he lost both houses, all of the sudden he seemed to triangulate more towards moderation. >> we certainly lack leadership there, yeah, definitely. with regards to the bond outflows, that trend continues even though corporate bonds caught somewhat of a bid as you stated when the fed decided on no tapering. you look at cause and effect. i can't imagine that there would not be some sort of negative effect in the future if you're suppressing rates for a prolonged period of time. >> maria, going to make a point? >> ron, we were just talking about active managers. did you say you were up 20% plus? >> yes. but the biggest -- >> tell us about it. >> well, i want to make a different point. the biggest thing that happened this summer in my opinion was when the 10-year interest rates went from 1.6 to 2.6. initially the market took that -- took it down. what often ha
do you think barack obama would have worked more with congress if he lost both houses in 2010? because that's what happened to bill clinton in '94. he might have gotten a lot done, but he had a bumpy road with health care. when he lost both houses, all of the sudden he seemed to triangulate more towards moderation. >> we certainly lack leadership there, yeah, definitely. with regards to the bond outflows, that trend continues even though corporate bonds caught somewhat of a bid as you...
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Dec 20, 2013
12/13
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. >> president obama wrapping up his final news conference of 2013. a wide-ranging conference looking at a number of issues facing him right now. i'll bill griffeth along with kelly evans. this is "closing bell." i'm at headquarters today. kelly, you're at the new york stock exchange. we have a rally on the way and a big expiration where we'll see volatility and volume presumably coming up in a few minutes. let's get to eamon javers at the white house. he talked about a number of things but he did make news about healthcare.gov. >> reporter: that's right. he said a lot of people have signed up for healthcare.gov just in the first couple of weeks here of december. so, the president really positioning this that the health care situation with the website is turning around. you saw in the press conference what the reporters really wanted to ask him about. a lot about poll numbers mistakes the president has made. you also saw in his opening statement what the president himself wants to talk about, and that is the economy. the president citing gdp growth ho
. >> president obama wrapping up his final news conference of 2013. a wide-ranging conference looking at a number of issues facing him right now. i'll bill griffeth along with kelly evans. this is "closing bell." i'm at headquarters today. kelly, you're at the new york stock exchange. we have a rally on the way and a big expiration where we'll see volatility and volume presumably coming up in a few minutes. let's get to eamon javers at the white house. he talked about a number...
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Dec 5, 2013
12/13
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this is -- you can bet that president obama's going to be heard on this before too long. and we've lost somebody that deserves emulation everywhere. >> i don't know, i just want to bring people a little bit of background information here about mandela's condition over the last couple of months. he had been three months in the hospital with the recurrent lun september, originally. but those lung problems attributed to the tuberculosis he contracted during 27 years in prison before he led his country to democracy, subject of many biopics lately. what is your view on his history in south africa and overseas? >> i think he has more stature than anyone around the world with the possible exception of the pope. a lot of continue versy around the current president as well as becky who proceeded him in that job who was nelson mandela's successor. i think this is somebody whose reputation was titanic and the entire world will be mourning. >> we are following the news here for us. walk us through the sequence of events since word came out? >> word was starting to trickle out that ne
this is -- you can bet that president obama's going to be heard on this before too long. and we've lost somebody that deserves emulation everywhere. >> i don't know, i just want to bring people a little bit of background information here about mandela's condition over the last couple of months. he had been three months in the hospital with the recurrent lun september, originally. but those lung problems attributed to the tuberculosis he contracted during 27 years in prison before he led...
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Sep 27, 2013
09/13
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they'll want something out of obama care. there's no way obama will give them that. that means a debt ceiling breach is more likely. i would say a government shutdown is bullish at this point for markets. >> you think it's bullish for markets? >> yeah. i think it means there's less chance of a debt ceiling crisis. i think if you punt this off to the debt ceiling in a couple of weeks or months, then you get more of a crisis. you get a situation where republicans say we're not voting to raise the debt ceiling unless you give us something on obama care or spending cuts. when the white house says they won't negotiate, they're seri serious. they'll say, you're one half of one congress, but we'll shut down the top priority because you refuse to raise the debt ceiling and blow up the economy. that wouldn't happen. >> josh? >> i think the odds of a debt ceiling crisis where an actual payment is missed is still close to zero. i think most republicans are very afraid of having a shutdown like that that they'll get blamed for any negative economic consequences that ensue. so ev
they'll want something out of obama care. there's no way obama will give them that. that means a debt ceiling breach is more likely. i would say a government shutdown is bullish at this point for markets. >> you think it's bullish for markets? >> yeah. i think it means there's less chance of a debt ceiling crisis. i think if you punt this off to the debt ceiling in a couple of weeks or months, then you get more of a crisis. you get a situation where republicans say we're not voting...
88
88
Sep 17, 2013
09/13
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FBC
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eye 88
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syria has been pushed off the table, the debt debate that is coming up that looks like a obama kind of telegraphed yesterday that this would be a nasty fight. so it will be interesting. it has been a teflon market. able to hold on to people buying the brakes. liz: 24 names touching record highs. a lot of the s&p looking healthy. let's go to hire at the nymex. you get to pick what you want to talk about as well is not necessarily in the forefront. what do you see it interest you? >> we were in the forefront. the political situation is far from resolved. volatility is the name of the game. financials move around. there seems to be some support. there was some fighting. obviously about a week ago. there is a political fix. this is far from over. this is the start. i think over the next few weeks, this will be a volatile our market, and we did take out that 107. that is where this whole situation happened. now we're at 105. let's see if there is support with the government in between numbers coming up. a 3-month lows domestically in crude oil supplies. maybe fundamentals might come into th
syria has been pushed off the table, the debt debate that is coming up that looks like a obama kind of telegraphed yesterday that this would be a nasty fight. so it will be interesting. it has been a teflon market. able to hold on to people buying the brakes. liz: 24 names touching record highs. a lot of the s&p looking healthy. let's go to hire at the nymex. you get to pick what you want to talk about as well is not necessarily in the forefront. what do you see it interest you? >> we...
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102
Apr 8, 2013
04/13
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eye 102
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because recently they actually made a plea to the obama administration to try and put pressure on japan to try and stop weakening. there are other sectors affected by this as well, like large tech, large pharmaceuticals. >> i think if you look at companies, multinationals overseas, who sells there, 56% of the earnings from those two sectors come from overseas. so they're definitely in the cross-hairs. you could also think of phillip morris, corning. of course, mcdonald's. those are the, you know, canaries in the coal mine. currencies are all about speed and sustainability. when you get a 25% move in less than four months, it really causes havoc for any kind of hedging capabilities that companies have. they just can't adjust fast enough. so you're going to see a hit to earnings. the more worrisome thing is whether or not they'll start to see their sales decline. that's a big concern for future earnings periods. >> andy, i mean, the dollar, i guess, maybe we're the victims of our own success here in the united states. the federal reserve trying to dampen interest rates here, the dollar sh
because recently they actually made a plea to the obama administration to try and put pressure on japan to try and stop weakening. there are other sectors affected by this as well, like large tech, large pharmaceuticals. >> i think if you look at companies, multinationals overseas, who sells there, 56% of the earnings from those two sectors come from overseas. so they're definitely in the cross-hairs. you could also think of phillip morris, corning. of course, mcdonald's. those are the,...
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Aug 29, 2013
08/13
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but i think as president obama made clear, he really doesn't want to get involved to the syrian civil war. this is all about punitive action against syria for the gas attack, the chemical weapons attack, of a week and a half ago. and it is also to establish credibility with iran about the willingness of the united states to take strong action in the region. but i don't think we see ans escalating theory here. >> the price the of oil -- we all know syria doesn't export a whole lot of oil, so that's not at issue here. but they are expecting a ripple effect that would effect the countries that do export oil. do you? >> i agree very much with david. i think this will be a very isolated. meant to send a message, not just to enemies but to our friend. we have lots of friends around the world who are relying on the guarantees who have made them. people in japan, taiwan, israel. where we have said things are unacceptable. if we say something is unacceptable in syria and we still do nothing and friends say can we count on the united states. this is meant to send a message to friends. meant to
but i think as president obama made clear, he really doesn't want to get involved to the syrian civil war. this is all about punitive action against syria for the gas attack, the chemical weapons attack, of a week and a half ago. and it is also to establish credibility with iran about the willingness of the united states to take strong action in the region. but i don't think we see ans escalating theory here. >> the price the of oil -- we all know syria doesn't export a whole lot of oil,...
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Sep 5, 2013
09/13
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petersburg on president obama's efforts to win international support for military action in syria. we'll be right back with more closing bell. in today's markets, a lot can happen in a second. with fidelity's guaranteed one-second trade execution, we route your order to up to 75 market centers to look for the best possible price -- maybe even better than you expected. it's all part of our goal to execute your trade in one second. i'm derrick chan of fidelity investments. our one-second trade execution is one more innovative reason serious investors are choosing fidelity. now get 200 free trades when you open an account. before global opportunities were part of their investment strategy... before they funded scholarships to the schools that gave them scholarships... before they planned for their parents' future needs and their son's future... they chose a partner to help manage their wealth, one whose insights, solutions and approach have been relied on for over 200 years. that's the value of trusted connections. that's u.s. trust. >>> welcome back. president obama meeting world lea
petersburg on president obama's efforts to win international support for military action in syria. we'll be right back with more closing bell. in today's markets, a lot can happen in a second. with fidelity's guaranteed one-second trade execution, we route your order to up to 75 market centers to look for the best possible price -- maybe even better than you expected. it's all part of our goal to execute your trade in one second. i'm derrick chan of fidelity investments. our one-second trade...
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97
Jun 13, 2013
06/13
by
FBC
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eye 97
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president obama supports it, but it was president bush to have supported, for example, tesla, agree energy on the company, battery powered. how you see people inside the beltway? two is for you? who isn't? >> we have great support and friends on both side of the aisle. i think you see a greater resistance on the republican side to anything that looks and tastes like a subsidy. that resistance is understandable. liz: why aren't there subsidies in the oil industry. >> that is someone else's industry. liz: they do ---3 >> we spend our time in washington asking for a level playing field. wrigley the dramatic reduction in cost of solar for last several years has created lots of opportunities around the globe where we can deliver power economically without the benefit of subsidy as long as there's a level playing field. that is our big ask. what we generally want to see. liz: without tte benefit of subsidy we will export to that time and see solar standing on its own 2 feet. you guys with the 232% gain in the stalker doing that. good luck to you. thank you. >> thank you for having missed. liz: t
president obama supports it, but it was president bush to have supported, for example, tesla, agree energy on the company, battery powered. how you see people inside the beltway? two is for you? who isn't? >> we have great support and friends on both side of the aisle. i think you see a greater resistance on the republican side to anything that looks and tastes like a subsidy. that resistance is understandable. liz: why aren't there subsidies in the oil industry. >> that is someone...
660
660
Oct 17, 2013
10/13
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CNBC
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eye 660
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according to president obama this morning, there is still a lot of work to do. listen. >> how business is done in this town has to change. because we've all got a lot of work to do on behalf of the american people. and that includes the hard work of regaining their trust. our system of self-government doesn't function without it. >> all right. we have another -- assembled another mini ceo congressional summit. tapping into the minds of washington and wall street simultaneously. one with a man who knows the c suite as well as washington. former republican senator judd gregg wofs just teho was just t how much he really misses washington. fred hasan. fred, former chairman of avon and bausch & lomb. serves on the boards of time wanner and valiant pharmaceutica pharmaceuticals. from perspective from capitol hill, representative edie bernice johnson. what do you make of what's going on? >> it's really unfortunate. it was artificially created. at no ti didn't have to happen. the only good thing you could say came out of it was now they have gotten past what i call issu
according to president obama this morning, there is still a lot of work to do. listen. >> how business is done in this town has to change. because we've all got a lot of work to do on behalf of the american people. and that includes the hard work of regaining their trust. our system of self-government doesn't function without it. >> all right. we have another -- assembled another mini ceo congressional summit. tapping into the minds of washington and wall street simultaneously. one...
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last night for president obama and the vice president, that continues. meeting with senate democrats tomorrow. harry reid says that has been extended to senate republicans. president obama addressing the nation tomorrow night speaking with news anchors this evening. harry reid says the first time we will have a procedural vote on an authorization likely wednesday. cheryl: truth be told it will take the rest of the week to figure this out. >> the full house will not touch this until next week. cheryl: certainly has the ministration folks out there selling this plan. thank you very much. continue to follow what is happening in syria. the closing bell is going to ring 50 minutes from now. tomorrow a day of reckoning for apple as it unveils the iphone and cheaper version of the popular smart phone. we will see what is likely to happen to apple stock and if it can get back to its all-time high. nearly a year ago. some shoppers like to call neiman marcus "needless markup." was that the case in today's deal? or did the buyer get the high-end store chain in a ba
last night for president obama and the vice president, that continues. meeting with senate democrats tomorrow. harry reid says that has been extended to senate republicans. president obama addressing the nation tomorrow night speaking with news anchors this evening. harry reid says the first time we will have a procedural vote on an authorization likely wednesday. cheryl: truth be told it will take the rest of the week to figure this out. >> the full house will not touch this until next...
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91
Apr 22, 2013
04/13
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rich: the obama administration says the altar of the faa staff is personnel workers, the only way to comply with the numbers of these automatic but it cuts is you have to furlough air traffic controllers. back to you. liz: that to me seems everybody is overblown mess. what do you think? rich: it depends on where you go. when i started with a flight control system where there are no delays. differentiating if this is delayed because of weather or if jfk they are doing tarmac work or the wind at laguardia. the number of different factors playing and a number of reasons they want to make it seem worse than it actually is. liz: tell me something i don't know on any given day. thank you. what will these delays real or imagined mean for the airlines? director and senior analyst. give me your assessment. is this way overblown? >> i think in the short term it is probably not. the faa shut down two summers ago and we had no traffic delays except for weather related to this says to us the administration wants there to be delays they are causing delays. the faa could cut 2% of the budget withou
rich: the obama administration says the altar of the faa staff is personnel workers, the only way to comply with the numbers of these automatic but it cuts is you have to furlough air traffic controllers. back to you. liz: that to me seems everybody is overblown mess. what do you think? rich: it depends on where you go. when i started with a flight control system where there are no delays. differentiating if this is delayed because of weather or if jfk they are doing tarmac work or the wind at...
214
214
Feb 22, 2013
02/13
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CNBC
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eye 214
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. >> have you met with president obama recently? >> not since nebraska which delayed it in all fairness to the president last year. not since nebraska approved it, but certainly we met with the secretary of state two weeks ago. our minister went over all the measures that we're taking in canada on greenhouse gases, and we actually believe that the united states and the president can do both things. he can reach his copenhagen targets and reduce greenhouse gases, and he can also have energy independence in america that he committed to in it 2029 when he was running for president. nat an either off, reduced green huss places. do you think the u.s. media is not being strayed in explain why it means for the u.s. economy? >> it gets into an either/or. is the president going to side with the union in his stakeholder base that really need the jobs or with the environmentalists? first of all, this won't make any difference on the greenhouse gases. we're committed to lowering greenhouse gases but it's displacing venezuelan oil so if i can sa
. >> have you met with president obama recently? >> not since nebraska which delayed it in all fairness to the president last year. not since nebraska approved it, but certainly we met with the secretary of state two weeks ago. our minister went over all the measures that we're taking in canada on greenhouse gases, and we actually believe that the united states and the president can do both things. he can reach his copenhagen targets and reduce greenhouse gases, and he can also have...
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133
Jul 30, 2013
07/13
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president obama says the controversial keystone pipeline will create as little as 50 jobs at the end of the day. that sure got canada's attention. now that nation's natural resources minister wants to weigh in, and then, later -- >> get back. >> whoa, whoa! >> easy. >> life getting very real for real housewives of new jersey. couple teresa and joe guidice, indicted. [ male announcer ] it's time. time to have new experiences with a familiar keyboard. to update our status without opening an app. to have all our messages in one place. to browse... and share... faster than ever. ♪ it's time to do everything better than before. the new blackberry q10. it's time. >>> welcome back. more than a fifth of s&p 500 companies post earnings this week. a good chunk of them out after today's close. josh lipton with the lowdown on the big movers and shakers. >> reporter: yeah, maria, a wave of earnings reports after the bell. let's do a quick recap here. am gen reports 1.89 on revenue of 4.68 billion. the street was looking for 1.74 on revenue of 4.49 billion. as for 2013 guidance, they are saying
president obama says the controversial keystone pipeline will create as little as 50 jobs at the end of the day. that sure got canada's attention. now that nation's natural resources minister wants to weigh in, and then, later -- >> get back. >> whoa, whoa! >> easy. >> life getting very real for real housewives of new jersey. couple teresa and joe guidice, indicted. [ male announcer ] it's time. time to have new experiences with a familiar keyboard. to update our status...
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73
Aug 19, 2013
08/13
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FBC
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eye 73
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markets is the subject of president obama's meeting going on right now in washington on regulatory reform. the president urges top financial regulators to implement the dodd-frank reforms, and there's more than a thousand that have yet to be enacted despite being passed in congress way back in 2010. we need to get to jpmar begin, in the cross hairs of the u.s. government, this time, nothing to do with the $6 billion london wale trading scandal or complex electricity contracts. look at the stock. it is one of the laggards of the dow jones industrials. now, according to the new york times, this time it's about the bank's practice of hiring the kids of powerful chinese officials. and they are upset what's happening there. how common a practice is this? jo spent five years in beijing covering the chinese government, business, and economy. first, the stock, letting people know it is down, about two and a third percent. let's get to the practice of hiring the children of powerful, political people. that's common place for a corporation. sometimes there's business and political communities; righ
markets is the subject of president obama's meeting going on right now in washington on regulatory reform. the president urges top financial regulators to implement the dodd-frank reforms, and there's more than a thousand that have yet to be enacted despite being passed in congress way back in 2010. we need to get to jpmar begin, in the cross hairs of the u.s. government, this time, nothing to do with the $6 billion london wale trading scandal or complex electricity contracts. look at the...
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124
May 16, 2013
05/13
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it's bill daley, before serving as president obama's white house chief of staff from 2011 to 2012. daley held discussions with organizations pushing for that split. the topic of discussion, source of the group's consternation, and whether a kproepgs at this stage of the vote is at all possible. one person familiar president matter said that it was communicated that it was too late to broker a deal. the vote, of course, is next tuesday. now, as public opinion starts to gel ahead of it, daley not the only jpmorgan alum coming to dimon's defense. larry bosserty did so this morning here on cnbc. >> i can't help but think it's misdirected and misguided. if you take a look at the history of what's happened since dimon's been there, he navigated through the shoals of the 2008 financial collapse without any problems, they didn't have a loss quarter, they didn't need t.a.r.p., they took it to be a team player, and therefore they've had three record years of earnings, a return better than most. >> less than a week to go before the vote. today, jpmorgan shares hit a 52-week high. kelly? >> ka
it's bill daley, before serving as president obama's white house chief of staff from 2011 to 2012. daley held discussions with organizations pushing for that split. the topic of discussion, source of the group's consternation, and whether a kproepgs at this stage of the vote is at all possible. one person familiar president matter said that it was communicated that it was too late to broker a deal. the vote, of course, is next tuesday. now, as public opinion starts to gel ahead of it, daley not...
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149
Nov 22, 2013
11/13
by
FBC
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eye 149
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>> it is possible but the bottom line is president obama is committed to seeing this through. it will ultimately get implemented. it is the law of the land and you have the tail winds. we like to see the dentist baby boomer is about to turn 50 next year. liz: the supreme court upheld it. it was voted in, he was elected the second time. it certainly was an ugly rollout but again if your believe is it will happen there you go down the road. what are you avoiding? >> we are underweight consumer staples, utilities and telecom. essentials the growth head winds, you had evaluation overshoot back earlier this year when people were really reaching for yields but in the environment we are expecting we are expecting higher interest rates and those are the factors that will be sensitive to higher interest rates. liz: he has a great perspective on 2014 and we will paula of julien's ideas on facebook.com/liz claman. ubs's u.s. equity and derivative strategist, told gained at ubs we set high. closing bell 7 minutes away. record day. watch the numbers. wall street is cheering on the dow jone
>> it is possible but the bottom line is president obama is committed to seeing this through. it will ultimately get implemented. it is the law of the land and you have the tail winds. we like to see the dentist baby boomer is about to turn 50 next year. liz: the supreme court upheld it. it was voted in, he was elected the second time. it certainly was an ugly rollout but again if your believe is it will happen there you go down the road. what are you avoiding? >> we are underweight...
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they have met with president barack obama. i do want to point out that house republicans are set to meet and, of course, the gop leadership as a whole are set to meet with president barack obama, that's supposed to happen about 4:30 eastern time. the reason you're seeing the markets take off like they are is because the gop came out and said this is, john boehner came out earlier today, house speaker john boehner and said we're going to meet with the president, six weeks. fbn confirming this, you heard this from rich edson earlier today, that was exclusive reporting from our correspondent in washington that they were going to propose and they will propose today to the president -- this meeting has not happened yet between the gop and the president -- proposing a six week extension on the debt limit. so give us six weeks, pay the bills. but, again, a lot of this is going to be completely,3 completely dependent on what the president says. and if you listen to the language just now from senator harry reid, critical, doubtful, hou
they have met with president barack obama. i do want to point out that house republicans are set to meet and, of course, the gop leadership as a whole are set to meet with president barack obama, that's supposed to happen about 4:30 eastern time. the reason you're seeing the markets take off like they are is because the gop came out and said this is, john boehner came out earlier today, house speaker john boehner and said we're going to meet with the president, six weeks. fbn confirming this,...